"Trading Career" Posts
Sandrine Thuret: You Can Grow New Brain Cells. Here’s How
By Lawrence
Trading puts a lot of stress on our brains. Stress hurts our brains. This talk sums up the latest understanding in neuroscience on how to keep our brains healthy. In short, to stay smart one needs to exercise, rest well, eat well and active learning. The extra part about sex … well, I will let […]
Julia Rucklidge: The Surprisingly Dramatic Role of Nutrition in Mental Health
By Lawrence
Understand the proper role of drugs in treating mental health – they do help but they are interventional tools only. It is better to focus on better nutrition for not only treating mental health issues but also keeping our minds in peak form for work performance. Many people think that trading is just a matter […]
Opinions Are Bad For Your Trading
By LawrenceSeveral members have been exchanging emails with me discussing the potential of a major market shock in near future. One thing that stands out among the group is the way how this discussion has affected the traders involved. I think it is worth talking about here so that more beginner traders are aware of this […]
Trading While Making a Living: What Does It Mean to Trade While Making a Living?
By smilingsynic
I can proudly say that I have two full time jobs: one is a salaried desk job as a university professor and administrator, and the other is that of a trader. I am one of those who can have his cake and eat it too. This is the first part of a series in which […]
What I Learned From Mentoring Young Entrepreneurs
By Lawrence
I just started mentoring a few small business owners on pro bono basis who have been growing their businesses steadily but stuck without growth in last couple of years. Piling on top, they have endless amount of work that they have to handle themselves leaving them exhausted all the time. The worst part though is […]
Tai Chi Traders in a World of Chaos
By Lawrence
I have seen all kinds of metaphors about traders who can make money from trading all kinds of financial markets. For example, many traders like to think of themselves as some kind of martial artists including ninja, samurai and karateka. There are also traders who prefer to think of themselves as snipers and big game […]
Why Traders Fail To Follow Profitable Mechanical Systems
By Lawrence
One of the questions I often receive from traders is that they have bought (or leased) certain well known trading systems yet they cannot make money trading them. Of course, some trading systems are just outright useless. The rare good ones, however, do exist. Yet, even though those trading models produce profit if followed exactly, […]
Once a Trader Always a Trader
By Lawrence
I met one of my mentors this week at his lawyer’s office. He’s getting old and wanted to make sure things are taken care of smoothly should he pass away. He asked me to be his executor of his will and other related legal matters. I accepted the responsibility with honour as he is putting […]
How to Shortcut the Emini Trading Learning Curve by 3 Years or More
By Lawrence
Many beginner traders asked for shortcuts to get them to profitability. One very interesting common theme among them is the amount of time one can save from the learning process. It is well known that majority of people who try to day trade Emini S&P ended up giving up the attempt. And those who actually […]
Veritasium: Learned Helplessness
By Lawrence
A short and clear presentation of the concept and possible solutions to break the curse. Do not under estimate this behaviour – if you let it takes hold of you, you will not make decisive decisions to cut losses when you are caught on the wrong side of of the market. Some people can this […]
